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the other part hitting the president once again on the economy. as one senior romney adviser put it, weak job growth should not be the new normal. jim acosta, cnn, st. petersburg, florida. >>> speaking of mitt romney, taking the stage in florida shortly for a rally. we may dip in and listen to mr. romney during this hour but you can watch the entire event by logging on to cnn.com. >>> a legal system nightmare. thousands of cases may have been jeopardized by a lab worker who allegedly tampered with evidence. that story is next. the wheels of progress. seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pa
the other part hitting the president once again on the economy. as one senior romney adviser put it, weak job growth should not be the new normal. jim acosta, cnn, st. petersburg, florida. >>> speaking of mitt romney, taking the stage in florida shortly for a rally. we may dip in and listen to mr. romney during this hour but you can watch the entire event by logging on to cnn.com. >>> a legal system nightmare. thousands of cases may have been jeopardized by a lab worker who...
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policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> that was friday right after the jobs numbers came out. i'll point out two meaningful things about those jobs numbers. one, you recall when his stimulus plan came out somebody in his administration said with the stimulus plan. it was never a promise, a projection. symbolically it's meaningful this is now below 8%. also now it's fallen for the first time not because fewer people are looking for jobs. actually, the number of people looking for jobs rose slightly. so it's two pieces of good news for the obama campaign in a weak they really needed something. >> the bad news was the president's own performance in the debate. i'm told the pr
policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> that was friday right after the jobs numbers...
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it's really jobs and the economy. can he win over voters there? he has just started two new ads in spanish. will that sort of argument help win some people over? >> no, because the republican party refuses the to acknowledge that immigration is an economic issue for latino. when you have the majority of latinos are within one generation of the immigration experience, how people acclimate within the new environment, within the new economy is an immigration issue. so even though most latinos may prioritize jobs above immigration without having an immigration process that allows parents or uncles to immigration and work in the economy, it's going to be difficult for latino families to integrate into society. >> it is widely believed that mitt romney cannot win the white house without winning florida. he has florida senator marco rubio out stumping. he is always considered a rising star. his name is always right in there. who do florida hispanics think of marco rubio? >> well, florida hispanics are really diverse. they're kind of like the country, whe
it's really jobs and the economy. can he win over voters there? he has just started two new ads in spanish. will that sort of argument help win some people over? >> no, because the republican party refuses the to acknowledge that immigration is an economic issue for latino. when you have the majority of latinos are within one generation of the immigration experience, how people acclimate within the new environment, within the new economy is an immigration issue. so even though most...
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the economy has done well in the last 14 years since hugo chavez has come into power. on the other hand, many say it was at the expense of a lot of infrastructure in the country and basically the government was taking the oil profits and trying to redistribute it and not spending in a very efficient way. it's hard to believe, this country still has huge infrastructure problems. you look around sometimes, anything from medical to the roads to schools, and it still has a ways to go even though it had all of that oil wealth. >> what is the explanation behind that? that's a big contradiction. >> it is a big contradiction, and you know, hugo chavez has been in power for a long time. says look, it takes time. that's my explanation. if you look at the indicators, yes, people in extreme poverty, he has been able to bring down the numbers. at the same time, his challenger, a 40-year-old man, lawyer, comes from the elite but says he will work for the poor. says look, this country has not been running its economy well, and chavez, it's really going to be a cliffhanger in the end
the economy has done well in the last 14 years since hugo chavez has come into power. on the other hand, many say it was at the expense of a lot of infrastructure in the country and basically the government was taking the oil profits and trying to redistribute it and not spending in a very efficient way. it's hard to believe, this country still has huge infrastructure problems. you look around sometimes, anything from medical to the roads to schools, and it still has a ways to go even though it...
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conservatives and liberals are calling for a move to moral economy. for republicans cutting spend democrats it is asking the rich to pay more. governor mike huckabee joins us live . great to have you here. thank you for joining us. >> thank you, uma. >> i know it is an important issue. why do you feel morality and the economy are linked . >> some people call it generational theft and that is accurate description and if you steal from somebody that is a moral issue. that's what we are doing. we are stealing from the generation that is coming after us. we are spending money they will have to pay back on our behalf . we get the benefit and they get the burden. that is immoral and wrong to do that and that is what the huge 16 trillion debt represents. >> are you concerned about the current state of affairs is accepted by some as the new norpal? >> i am uma . let me be fair. this is not just something democrats created but republicans have done. republicans boast they don't raise taxes. that may be wonderful. if they don't pay for the things they spend mon
conservatives and liberals are calling for a move to moral economy. for republicans cutting spend democrats it is asking the rich to pay more. governor mike huckabee joins us live . great to have you here. thank you for joining us. >> thank you, uma. >> i know it is an important issue. why do you feel morality and the economy are linked . >> some people call it generational theft and that is accurate description and if you steal from somebody that is a moral issue. that's what...
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economy, but it's really many economies. so if you happen to be a constructions worker or sort of a lower-scale manufacturing worker, no, the economy is not getting better for you. it stinks. if you're unemployed it's still very hard to find a job. if you have a job, well, layoffs are at more than a 10-year low so your job security is pretty good. it really depends on who your and where you are. for a lot of people, things are okay right now. >> can you not stay away so long? great discussion. all right. thanks very much. >> thanks for having me, alex. >>> joining me live for more, from the democratic national committee, melanie, welcome. i want to first of all get your reaction to these conspiracy theories. will there be any sort of a formal response to them? >> well, i think what rick new man just said is a consensus here in washington that any allegations that the bureau of labor statistics would cook the numbers is ridiculous. it's outlandish. but it's not surprising coming from a republican party that has talked about d
economy, but it's really many economies. so if you happen to be a constructions worker or sort of a lower-scale manufacturing worker, no, the economy is not getting better for you. it stinks. if you're unemployed it's still very hard to find a job. if you have a job, well, layoffs are at more than a 10-year low so your job security is pretty good. it really depends on who your and where you are. for a lot of people, things are okay right now. >> can you not stay away so long? great...
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if we bring in all these people to the economy, we're growing the economy. it's a net benefit for everyone. what i love about this study, the immigration restriction, the andy immigration crowd, they like to point, get the statistics for a specific day. look a snapshot in time and say this is how much the undocumented are costing us. this is what the illegal immigrants cost us. but that's not accurate. this study shows trajectory over time. it's an investment that pays off by investing in these young people. that's why i think this study is terrific. >> these are people who are americans. >> that's right. these are people who have been here since they were babies to young children. this is the only country they've known. they are fully aculturated here and have been, as raul says, contributing already in multiple ways to the country and are part of the country's future. i think is part of what we lose when we look at the change in demographics of the country, the fastest growing demographic in this country are young people. already, half of all young people
if we bring in all these people to the economy, we're growing the economy. it's a net benefit for everyone. what i love about this study, the immigration restriction, the andy immigration crowd, they like to point, get the statistics for a specific day. look a snapshot in time and say this is how much the undocumented are costing us. this is what the illegal immigrants cost us. but that's not accurate. this study shows trajectory over time. it's an investment that pays off by investing in these...
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have noted, president obama didn't bring it up in the debate when he had a chance, talking about the economy, talking about all these folks who are unemployed or underemployed, and it would seem to indicate that president obama was saying that this was not worth pursuing. he certainly had used it on the campaign trail. it's been used in ads. but standing there on the debate stage, he apparently made the choice that it was unworthy of him and unworthy of the audience. will joe bidenring it up next week in his vice presidential debate? he may. we'll find out. >> it might have been a strategy, too. maria what do you think? >> i actually think it was a missed opportunity, randi. he should have brought it up. but i will guarantee you that democrats, including joe biden, will absolutely continue to bring it up, because after he said he thought he was wrong, or before he said he thought he was wrong, he doubled down on those remarks two or three times before he realized it was really hurting him in the polls. and we're talking about latinos this morning. majority of latinos are in that 47%, includi
have noted, president obama didn't bring it up in the debate when he had a chance, talking about the economy, talking about all these folks who are unemployed or underemployed, and it would seem to indicate that president obama was saying that this was not worth pursuing. he certainly had used it on the campaign trail. it's been used in ads. but standing there on the debate stage, he apparently made the choice that it was unworthy of him and unworthy of the audience. will joe bidenring it up...
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it's a massive economy. they're trying to find using these statistical methods changes in a very large economy. every month afterwards the numbers get revised. they're all over the place. >> in this case they revised the earlier numbers up by some $85, 86,000. this means we have created more jobs in the previous months that have not been added. you talk about manipulation. they should have increased that number by that amount and that would have even been more accurate, but they didn't do that. that's the best estimate they had at the moment. >> right. also to the adp survey that comes out a little before the jobs numbers. it's almost always more jobs than you end up getting in the bureau of labor statistics. there's questions of the different methodologies of figuring this out. i think what's more pressing for what you were talking about in terms of politics, back when bush was in the office, when the left wanted to escape from the bush administration, they watched "the west wing." they didn't stop believin
it's a massive economy. they're trying to find using these statistical methods changes in a very large economy. every month afterwards the numbers get revised. they're all over the place. >> in this case they revised the earlier numbers up by some $85, 86,000. this means we have created more jobs in the previous months that have not been added. you talk about manipulation. they should have increased that number by that amount and that would have even been more accurate, but they didn't do...
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on the economy right now? they were split going into the first debate. we'll take a look at polling coming out that was conducted after the first debate. again, right there, can you see that number. that 48%, that really says it all. the economy is the most important issue on the minds of american voters, and what's the most important economic issue, jobs, randi? >> which is why there is so much heated debate about those most recent jobs numbers. paul, thank you very much. we added 114,000 jobs last month, look at the latest numbers when it comes to jobs in manufacturing. the industry lost 16,000 jobs. but manufacturing is an important industry for many swing states, especially along the rustbelt, including small times like goshen, indiana, where our ted rowlands gives us context to those numbers. >> reporter: this is in elk hart county, indiana, an area absolutely hammeringed during the recession, 18% unemployment at its worse, but things are coming back. here they make things like these seat covers which go
on the economy right now? they were split going into the first debate. we'll take a look at polling coming out that was conducted after the first debate. again, right there, can you see that number. that 48%, that really says it all. the economy is the most important issue on the minds of american voters, and what's the most important economic issue, jobs, randi? >> which is why there is so much heated debate about those most recent jobs numbers. paul, thank you very much. we added...
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we've got an economy that's not growing very fast. but it's certainly good news for the president to be able to say that 7.8%, the rate when i took office, we're back down there again. but i think people make too much political impact of these jobs numbers, because they don't need a government statistic to tell them how they feel about it. >> but then you have somebody influential like jack welch who tweets something suggesting these numbers are cooked. every expert seems to suggest that would be impossible. what's your take on that? >> i respect jack welch's accomplishments on business, but on this subject, he has no idea what he's talking about. that is lunacy, the idea that they would cook up these numbers. it really is a reflection of the disease in our political media culture. so many people on both sides ideologically rejecting facts that are inconvenient for their side. it's too bad, but i think it is simply not the case. >> when those numbers came out, those unemployment numbers came out friday morning, it certainly changed th
we've got an economy that's not growing very fast. but it's certainly good news for the president to be able to say that 7.8%, the rate when i took office, we're back down there again. but i think people make too much political impact of these jobs numbers, because they don't need a government statistic to tell them how they feel about it. >> but then you have somebody influential like jack welch who tweets something suggesting these numbers are cooked. every expert seems to suggest that...
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we know the economy's got to get better. the president said that yesterday, but he also went a little further in touting those job numbers and of course the context means so much. two campaign rallies in two swing states, in virginia and ohio. he did the same in both states, largely said the same thing. meanwhile, mitt romney at a campaign rally in virginia downplayed the numbers saying this is not the recovery we want. a lot of people have simply quit looking for work out of frustration, artificially driving the number down. alex in reality talking about the so-called real unemployment rate. that's down as well. a year ago, exactly a year ago last september it was way up above 16%. no question coming off the president's poor debate performance, this was something romney needed. comes as become news from a political standpoint not to mention the millions looking for work. >> absolutely. more from jack welch's appearance on "hardball." take a listen to this, mike. >> reporter: do you mean it's a coincidence or do you mean you
we know the economy's got to get better. the president said that yesterday, but he also went a little further in touting those job numbers and of course the context means so much. two campaign rallies in two swing states, in virginia and ohio. he did the same in both states, largely said the same thing. meanwhile, mitt romney at a campaign rally in virginia downplayed the numbers saying this is not the recovery we want. a lot of people have simply quit looking for work out of frustration,...
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he said, i will not top down the economy -- talk down the economy to gain political points. the recession we went through and the financial meltdown -- in every sector of the country, people are feeling that. we still have years to go before we can really see if job growth has been positive. if the president when banks a second term, he second term -- wins a second term, the second term will be defined by how the economy does. if ann romney -- mitt romney wins, he has promised to create 12 million jobs in his first term. if he does get to the white house, especially for people in the media, we will be checking to see if he is able to live up to that promise. host: next is michelle on the republican line from alabama. caller: thanks for taking my call. i do not believe is jobs number israel. -- is real. my brother-in-law has been on unemployment for a year. he had to get off of that, not because of a job. because of other reasons. he is no longer collecting unemployment. my husband has been looking for a job almost one year. he is unable to find a steady job. when the jobs nu
he said, i will not top down the economy -- talk down the economy to gain political points. the recession we went through and the financial meltdown -- in every sector of the country, people are feeling that. we still have years to go before we can really see if job growth has been positive. if the president when banks a second term, he second term -- wins a second term, the second term will be defined by how the economy does. if ann romney -- mitt romney wins, he has promised to create 12...
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what do these numbers mean for the economy? i asked cnn business correspondent alison kosik if this is good news. >> just okay news. you know, if you want it to be positive, take a look at this. we were losing 800,000 jobs a month during the depths of the recession and for the past two years we have been adding jobs. that is good news right there. you flip over the coin and the fact of the matter is, the job creation that is going on isn't strong enough. we have yet to gain back what we lost during the recession. the biggest job gains in september were actually in part-time jobs. what we really need to see are more full-time jobs being added. there are good things going on in the economy. housing is recovering. and consumer confidence is picking up and spending is rebounding. there are a lot of positive signs in the economy, but certainly not full steam ahead, especially when you talk about the job market. >> as you mentioned, housing is up, which is great and consumer confidence. let's talk about the jobs a little more. where
what do these numbers mean for the economy? i asked cnn business correspondent alison kosik if this is good news. >> just okay news. you know, if you want it to be positive, take a look at this. we were losing 800,000 jobs a month during the depths of the recession and for the past two years we have been adding jobs. that is good news right there. you flip over the coin and the fact of the matter is, the job creation that is going on isn't strong enough. we have yet to gain back what we...
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it's a bad sign if you want the economy to be bad so you can blame the incumbent president and beat him at the election. >> providing you are amenable to facts and reasonable discourse and you know something about the way statistical procedures work it's a good thing to know, yes. >> jared bernstein senior fellow at the center on budget and policy priorities, thank you very much for your time tonight and being willing to call bs where it needed to be called. thank you. >> thank you. >> i will say, you know, my take on this to my republican friends who are watchingance and i know you're watching, because i can hear you complaining sometimes. here's the thing about complaining about these numbers. you're not helping even your own guy. you heard what jared just said there about how we are getting accelerated improving growth. right? if you are going to lie about the numbers you can only lie for so long before people stop believing your conspiracy theory and eventually your candidate is going to need a theory and a case to the country for why he should be elected even though the economy is
it's a bad sign if you want the economy to be bad so you can blame the incumbent president and beat him at the election. >> providing you are amenable to facts and reasonable discourse and you know something about the way statistical procedures work it's a good thing to know, yes. >> jared bernstein senior fellow at the center on budget and policy priorities, thank you very much for your time tonight and being willing to call bs where it needed to be called. thank you. >>...
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, we still have a weak economy. the other problem if you keep spending at the level we are now, you eventually will either go bankrupt and have some sort of debt crisis or you'll have to raise taxes on the middle class. so, when it comes to the charges and counter charges about raising taxes on the middle class, i think the president is much more likely to do it than mitt romney is. >> alisyn: here is what critics say about mitt romney's plan and the middle class, because he hasn't been specific, and going to cut the overall tax bracket and loopholes. and they say where does the mortgage deduction goes away, that hits the middle class. >> so the trick would be you cut the rate enough that you're evening it out. look, he doesn't want to talk about specifics, wants to be extremely controversial, let's be frank, if he talks about specifics, every democrat in the country will have to be dead set and opposed and lockout into the specifics. >> mike: if i want to buy a car, i want to know what's inside the car. don't we ne
, we still have a weak economy. the other problem if you keep spending at the level we are now, you eventually will either go bankrupt and have some sort of debt crisis or you'll have to raise taxes on the middle class. so, when it comes to the charges and counter charges about raising taxes on the middle class, i think the president is much more likely to do it than mitt romney is. >> alisyn: here is what critics say about mitt romney's plan and the middle class, because he hasn't been...
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the economy created more jobs than previously estimated. there are people who don't like this number at all. leading the band is the legendary ceo of general electric, jack welsh. here's the tweet you put out this unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and i'm just wondering, i understand the way it works the president gets a heads up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your tweet this morning that the news went the other way, the people working for the president somehow got the bureau of labor statistics and played with the numbers so it's down below 8 today. how does it work from your perspective? what happened here? >> all i can talk about are some of the numbers. we had 600,000 government jobs added in the last two months. we had 873,000 jobs by a household survey, which is a total estimate, from 50,000 phone calls. of those 600,000 were temporary workers. chris, these numbers are all a series of assumptions. tons of assu
the economy created more jobs than previously estimated. there are people who don't like this number at all. leading the band is the legendary ceo of general electric, jack welsh. here's the tweet you put out this unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and i'm just wondering, i understand the way it works the president gets a heads up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your...
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just a fact, the economy in 2012 is worse than the economy in 2011. and the economy in 2011 is worse than the recovery summer job year of 2010. how did they make this claim? >> well, look, the economy is slowing up. and the numbers bear it out. the number -- you used -- there are two job numbers. there is the household survey, which generated this very high number, which doesn't smell right. then there is the number on which they base unemployment, which is the so-called business survey or company survey. that shows 114,000 new jobs created in september. you are right. that's less than in august, less than in july. and the economy is showing every sign, at least from an employment perspective of slowing down and the number growing less. remember this, we need to create 150,000 new jobs a month just to stay even. that's how many -- 140- or 150,000 new job workers need to come to work every month. we are not creating the number of jobs to stay up with the population. think about this -- log at this rate do you think tell take to get back to the number o
just a fact, the economy in 2012 is worse than the economy in 2011. and the economy in 2011 is worse than the recovery summer job year of 2010. how did they make this claim? >> well, look, the economy is slowing up. and the numbers bear it out. the number -- you used -- there are two job numbers. there is the household survey, which generated this very high number, which doesn't smell right. then there is the number on which they base unemployment, which is the so-called business survey...
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they think the economy's starting to get better. on the right track, wrong track numbers it's getting a little bit better. i think this just confirms a growing sense that we're moving forward. we're getting there. it's been a tough slog. we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt romney yesterday amid all the ecstasy about his debate performance took time on fox to say that he was now very sorry for saying what he said about the 47%. was that a smart political move in a moment of everyone feeling good about you to just bury that away? >> i think the timing was right that he said that, but i do hope he doesn't move away from what the bigger argument that he was trying to make, is that there are two choices in america today. are we going to become a country very, very dependent on big government that says give me all your money, g
they think the economy's starting to get better. on the right track, wrong track numbers it's getting a little bit better. i think this just confirms a growing sense that we're moving forward. we're getting there. it's been a tough slog. we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt...
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how can we have the greatest economy since june of '83? >> there are legitimate questions about how the house -- it seems like your problem is how the house survey is done and that's always very legitimate. >> i don't want to have a lot of discussion about it. >> your tweet certainly has provoked discussion, but again -- >> this election is too important for one member based on 60,000 phone calls and 100 million plus people to determine the outcome. >> but you say, these chicago guys will do anything -- >> that's what i tweeted. >> but you don't stand by it tonight? >> what do you mean i don't stand by it? i have a tweet out there that i stand by. i can't prove they did anything to anything. >> in your heart, you believe they somehow cooked the books? >> i don't really know. but i do know this, that these numbers are implausible. >> so many politicians these days, like michelle bachmann will say something and then say, i'm just asking the question. >> i should have put the question mark there like i did last night. a question mark would ha
how can we have the greatest economy since june of '83? >> there are legitimate questions about how the house -- it seems like your problem is how the house survey is done and that's always very legitimate. >> i don't want to have a lot of discussion about it. >> your tweet certainly has provoked discussion, but again -- >> this election is too important for one member based on 60,000 phone calls and 100 million plus people to determine the outcome. >> but you say,...
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but i'm involved in this economy in a very deep way right now in lots of businesses, and this economy is not growing, i guarantee you, at 5%. >> they say a number of these workers are seasonal numbers and maybe work for smaller companies that aren't really tracked in the way the bls tracks these numbers, and so maybe it's small jobs here and there. >> maybe, but let's face it. the number that came out today from the household survey was the highest number since june of '83. >> but what evidence -- >> i have no evidence. >> you don't have any evidence. it's one thing to doubt the numbers and say they should be revised. you said, these chicago guys will do anything. >> last night i had a question mark. >> you wish it was, will these chicago guys -- okay. so you don't really stand by the notion -- >> i stand by it. i stand by these numbers should be examined. >> but do you stand by these chicago guys will do anything? >> i'm not going to change my tweet. i'm not accusing anybody of anything. >> but you say these chicago guys will do anything. >> you see they called romney a liar for the
but i'm involved in this economy in a very deep way right now in lots of businesses, and this economy is not growing, i guarantee you, at 5%. >> they say a number of these workers are seasonal numbers and maybe work for smaller companies that aren't really tracked in the way the bls tracks these numbers, and so maybe it's small jobs here and there. >> maybe, but let's face it. the number that came out today from the household survey was the highest number since june of '83. >>...
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many say that's a sign the economy has turned around with us now is lou dobbs. you say. >> it's not a sign that things are turning around. it's good news for president obama. 7.8%. getting into the 7s is very important for him. so that's very good news for him. unfortunately, it does really describe the state of unemployment and real pain in country. 23 million americans have remained unemployed or given up hope of being employed. >> i heard people like barack obama say the numbers were cooked, were fixed. former ceo of g.e. >> jack welch. >> jack welch say they were fixed or something? >> he said definitely those guys from chicago they can't debate so they're cooking the books. >> bill: do you take that seriously? >> no. i do not take it seriously. i have to say jack welch gave us a good laugh because he he was serious. >> bill: welch believes these are bogus numbers? >> that's what he said. it's the kind of nonsense what's really book here. 50,000 they survey the establishment survey it's called services and government is about 150,000 there is a lot of volati
many say that's a sign the economy has turned around with us now is lou dobbs. you say. >> it's not a sign that things are turning around. it's good news for president obama. 7.8%. getting into the 7s is very important for him. so that's very good news for him. unfortunately, it does really describe the state of unemployment and real pain in country. 23 million americans have remained unemployed or given up hope of being employed. >> i heard people like barack obama say the numbers...
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>> the economy will be better, but it's a question of how much better. let's not forget obama promised if he enacted his so-called stimulus, by today, the unemployment rate would be down to 5.5%. so, something's gone wrong. if you look at the minneapolis federal reserve website, there's an interactive feature that allows you to look at all the the business cycles since world war ii. it's the worst jobs performance of any president? >> let's move on. go ahead. jump in. >> you know what the problem was with that promise? they should have never made that. promises get people elected. promises get things passed, so now mitt romney says i'm going to create 12 million jobs over four years. 250,000 jobs a month. a ridiculous claim and what does the obama campaign do because morning in america sounds better than evening in america, the obama campaign says there's that's a low bar. we can do that, too. >> briefly here, you mentioned the idea of a conspiracy theory. this is the white house trying to mix it up. you don't buy that at all. >> not a little bit. bureau
>> the economy will be better, but it's a question of how much better. let's not forget obama promised if he enacted his so-called stimulus, by today, the unemployment rate would be down to 5.5%. so, something's gone wrong. if you look at the minneapolis federal reserve website, there's an interactive feature that allows you to look at all the the business cycles since world war ii. it's the worst jobs performance of any president? >> let's move on. go ahead. jump in. >> you...
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, the economy was in free fall. and since then, it's gotten better. at first, it got worse at a slower rate. that's not a great slogan. but for the last 2 1/2 years, it has gotten steadily better in the sense that jobs have grown every year. every month. >> and sam, when you talk to the obama campaign, the particular way they see the voters who are going to side with them, or at least a lot of them practically swing voters, is what they believe, as alice said, we have a very deep hole to dig out of. we're not there but we're doing as good as we can expect to be doing. and there's been there important psychological barrier of 8%. does getting underneath that barrier to 7.8% really do much for president obama's talking point, that we have come a long way and now voters should let him finish the job, or do these kind of changes in numbers matter in washington but they're not what voters see around them so they're kind of a story here but not actually in the campaign. >> first of all i'm glad you asked alice the economi
, the economy was in free fall. and since then, it's gotten better. at first, it got worse at a slower rate. that's not a great slogan. but for the last 2 1/2 years, it has gotten steadily better in the sense that jobs have grown every year. every month. >> and sam, when you talk to the obama campaign, the particular way they see the voters who are going to side with them, or at least a lot of them practically swing voters, is what they believe, as alice said, we have a very deep hole to...